Private equity in China heads for exits amid three-year stock slump

Intensifying geopolitical tensions have dragged on markets

20240205 Shanghai stock exchange

China ended 2023 with the world's worst-performing equity market, with the blue-chip CSI 300 Index falling for a third year and plunging 35% over 36 months. © Reuters

QU YUNXU and DENISE JIA, Caixin

Private Equity and venture capital investors, once enthralled with China, are now struggling to find new investment strategies -- or just exits -- as Chinese stocks extend a three-year slump.

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